Dexterra Group (TSE:DXT) Price Target Raised to C$11.00 at Raymond James

Dexterra Group (TSE:DXT) had its price objective upped by analysts at Raymond James from C$8.50 to C$11.00 in a research note issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price target would suggest a potential upside of 35.47% from the company’s previous close.

Dexterra Group Trading Up 0.6 %

Shares of TSE:DXT traded up C$0.05 during mid-day trading on Thursday, reaching C$8.12. 2,421 shares of the company’s stock were exchanged, compared to its average volume of 44,662. The firm has a market capitalization of C$519.68 million, a price-to-earnings ratio of 17.65, a PEG ratio of 0.90 and a beta of 1.02. Dexterra Group has a twelve month low of C$5.13 and a twelve month high of C$8.34. The business’s fifty day moving average price is C$7.63 and its 200-day moving average price is C$6.77. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52.

Dexterra Group (TSE:DXT) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.20 by C$0.01. Dexterra Group had a return on equity of 10.48% and a net margin of 1.61%. During the same quarter in the prior year, the business earned $0.21 earnings per share. On average, research analysts predict that Dexterra Group will post 0.7094298 EPS for the current fiscal year.

Insider Activity at Dexterra Group

In related news, Senior Officer Mark Alan Becker purchased 7,704 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was purchased at an average cost of C$6.49 per share, with a total value of C$49,998.96. Also, Director Mary Garden acquired 3,700 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were bought at an average price of C$7.83 per share, for a total transaction of C$28,971.00. Insiders have acquired a total of 12,404 shares of company stock worth $85,300 in the last 90 days. Corporate insiders own 51.55% of the company’s stock.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.